2, LUCAS RISE, CHURCHBRIDGE, CANNOCK, WS11 8JW - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LUCAS RISE is a large detached house of 127m², built sometime between 2007 and 2011. It was last sold for £365,000 in June 2024, which was around 13% below the average June 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

2 LUCAS RISE Sold Prices

Land registry data shows three sales for 2 LUCAS RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. The three 2 LUCAS RISE sales were a mix of below the average price, and roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 28 JUN	£365,000	£420,458	13% below HPI
2021 12 NOV	£335,000	£378,123	11% below HPI
2011 16 DEC	£249,995	£250,919	Close to HPI

2 LUCAS RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 2 LUCAS RISE sales between December 2011 and June 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 LUCAS RISE?

2 LUCAS RISE is 127m² according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Wyrley, and where 2 LUCAS RISE lies on this distribution: 73% of detached houses are smaller than 2 LUCAS RISE, and 27% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

2 LUCAS RISE: Plot and Title Map

2 LUCAS RISE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 LUCAS RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 LUCAS RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 LUCAS RISE?

2 LUCAS RISE is located in CHURCHBRIDGE, in the WS11 postcode district. The below map shows the position of No. 2 on LUCAS RISE.